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'Colleges thrive
THE BATTALION
FRIDAY, APRIL 4, 1980
Page 7
As the dollar shrinks, schools still prospering
| ‘ United Press International
r Money talks. And what it’s saying
along the academic trail isn’t all dis
mal — as in the double-digit hikes
e 'draw: ; expected in college bills next fall,
some tuitions getting to $10,000 a
course,■ar.
crime, [ Consider:
own 90® 1. The market value of invest-
his walHments at many colleges shot up to the
e ^ highest level in four years in the fis-
cal year ending June 30. “The rate
, lri ,j of return on the endowments sub-
loolH l antill y excee ded the increase in
ory i the index of prices paid by colleges
igfer ^ or 8 00 ^ s and services, according to
ve()| . a study of 147 institutions,” the
Chronicle of Higher Education re
ported.
■ Funds included in the survey by
at the National Association of College
" ltoes • and Business Officers showed a total
r P'I x return — interest, dividends,
, raianges in market value — of 10.8
'• percent. At Harvard, the fattest col-
ei . at! Tege endowment’s market value
™ or went from $1,392,640,000 to
$1,457,690,000 — a $65 million
boost. Not bad either: a rise of $32
million in the market value of Yale’s
holdings.
... 2. The mild winter gets credit for
J/) the next bit of good news. It hap-
/ ^/ ( pened this way: Demand for heating
during the current season is down
more than 10 percent on campuses
nationwide. Many schools, further,
saved a bundle on snow removal —
because there wasn’t the usual
amount of snow. One example: At
the University of North Dakota, it
a Fm cost $35,000 last academic year to dig
hy. At: out. This winter’s snow removal bill
d. T!if was less than $10,000. The easy win
s' ter helped many schools offset steep
‘ year i rises in fuel costs, along with ongoing
Jesus« -
3 year
1115 ''Open Thurs. till 8
Imported coffees
41 varieties
Teas-bulk & bag
over 150 varieties
Munchies
European & domestic
energy conservation programs, in
swing since 1973 and apparently get
ting better. An example of the payoff:
At Eastern Michigan University
natural gas consumption in January
was down 23 percent from January a
year ago. In the area near the Uni
versity of Arkansas, demand for heat
ing dipped 26.6 percent in Decem
ber and 35.9 percent in January —
compared with the same months the
previous year.
3. Administrative salaries in high
er education aren’t standing still.
Paymasters grappling with shrinking
dollars find bucks for raises —
though most aren’t big enough to
patch the inflation hole in workers’
wallets. Preliminary results of a sal
ary survey by the College and Uni
versity Personnel Association
(CUPA) in Washington, D.C., shows
paychecks of people who run col
leges this academic year 5 to 10 per
cent fatter than they were last year.
Those in administration on the col
lege circuit go over the salary survey
like inchworms when it comes out,
using information gleaned in bar
gaining for raises.
The preliminary report, assem
bled by the CUPA Wage and Salary
Council, is based on an analysis of
replies from 162 schools of all types:
two year, four year, public and pri
vate.
The full report, pounds of
paycheck facts on administrators,
from presidents to deans and athletic
directors at more than 1,000 institu
tions, won’t be off the press for about
40 days. But the preliminary one
shows the way the fiscal wind’s been
blowin’.
Published in CUPA’s newsletter,
“Personnelite,” it shows the 5 to 10
percent increases and a trend of
above-average salary gains for the
position of director of personel and
human resources for the second year
in a row.
“Collective bargaining and federal
compliance have been major factors
in propelling the position to greater
prominence,” the newsletter said.
A sampling of annual salaries for
selected positions from all institu
tions:
— Half the chief executive offic
ers, usually “president,” for a system
of colleges such as a statewide one,
make more than $53,410 and half
make less than that. About 25 per
cent make more than $60,000. With
perks — special privileges such as
housing — a top college boss at a
prestigious school can command
$100,000 and up.
— For free-standing institutions
not linked to a system, half the presi
dents make more than $47,500 and
half less. About a fourth make more
than $54,000.
— Half the athletic directors make
more than $30,000 and half less. Ab
out 25 percent make more than
$36,000.
— No surprise: Deans of medicine
are highest paid. Half get more than
$62,000; half less. Approximately
one-fourth make more than $68,000.
— And, also no surprise: Law
deans do well, too. Half make more
than $48,000; half less. Nearly a
fourth make more than $52,000.
Median salaries — indicating half
make more and half less — for others
who make their livings running col
leges and universities include:
Director of campus security,
$18,428; director of employee train
ing, $22,400; director of library ser
vice, $26,750; chief planning officer,
$35,300; director of alumni affairs,
$21,130.
Also: chief student affairs officer,
$31,794; chief public relations offic
er, $25,700; director of admissions,
$25,000; director of the bookstore,
$17,916; director of student health
services, $36,800.
Deans, the report showed, are
paid median salaries as follows:
— Arts and letters, $35,000; agri
culture, $47,750; business, $37,235;
dentistry, $55,800; education,
$38,494; engineering, $42,000; fine
arts, $35,584; home economics.
$39,000.
— Humanities, $26,200; music,
$33,900; nursing, $32,546; occupa
tion studies-vocational education-
technology, $29,790; pharmacy,
$45,580; social sciences, $29,113; so
cial work, $42,000; veterinary medi
cine, $50,800.
At the low part of the salary totem
pole are salaries for directors of stu
dent placement, student counseling,
and student financial aid.
Median salaries for those posi
tions: $20,917, $25,700, $21,775 —
in that order.
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ISUMDS Of Gift-GIVING|
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Bryan
Apartments • Duplexes • All Types Of Housing
Call for appointment or come by
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2339 S. Texas, C.S.
“Next to the Dairy Queen”
MSC Great Issues
Presents
General
John Singlaub
speaking on
Peace
Through
Strength”
April 7
Students 500
Others 1.00
Rudder Theater
8:00 P.M.
Address
yourself
to a new
lifestyle
■ ■■
You’ve wade it through another
semester with flying colors. Now
treat yourself to a better lifestyle.
You deserve it. □ A new ad
dress that has campus conveni
ence. Patios or balconies for
outside entertaining. Wooded
seclusion or lively atmosphere.
□ Southwest Village has a
quiet atmosphere perfect for heavy studying. And you’re only
minutes from campus via the shuttle bus. Southwest Village
offers four floorplans,
furnished or unfurnished,
for families or adults.
In your spare time, try
our tennis courts, pool,
wooded picnic area,
and clubhouse with
saunas and gameroom.
□ Country Place
caters especially to your needs: walking distance to campus.
Semester leases. Lively all-adult atmosphere. Six floorplans,
from efficiencies to two bedrooms
ideal for roommates. To lure you
away from too much studying,
Country Place has a large swim
ming pool and recreation room.
□ Next semester, address yourself
to a new lifestyle. No one deserves it ^
more than you.
Country Place
3902 College Main.
846-0515
Southwest Village
1101 S. W. Parkway
693-0804
Now accepting applications for summer
and fall semesters.
COMPASS PROPERTY MANAGEMENT, INC.
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of the
ning i 4
ifmanii
IL
idles
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559.
The future of College Station
could depend on how you vote
this Saturday.
In the next two years, College Station will probably change
dramatically. These changes will be greatly effected by the
quality of our City Council and we must elect the right man.
Experience in city government is essential, and J.P.
Watson has that experience. Two years on the Planning and
Zoning Commission, one year as the chairman of that
commission, have prepared him well for the decisions that
will effect us all.
J.P. Watson believes in the sanctity of single family
home ownership, yet he realizes the necessity of controlled
growth, both in the industrial and commercial area.
Industry and business must be compat i ble with our
University and our community, and the addition of certain
industries and businesses will increase the tax base our
schools, roads and entire community depend on.
Join the citizens for the controlled growth of
College Station. Vote Saturday, April 5 for J.P.
Watson.
ELECT J.P.
WATSON
COLLEGE STATION CITY COUNCIL PLACE TWO
Paid for by friends of J.P. Watson, Jim Behling, Treasurer, 107 Mile Drive, College Station.